The Senate on Tuesday mediated in the dispute between the Rite Foods Limited, makers of Bigi soft drinks and the Seven-Up Bottling Company Plc in Abuja.
The management of the Rites Food Limited had petitioned the Senate over alleged threat to the security and existence of Rites Foods Ltd, Ososa, Ogun State by the Seven-Up Plc.
The matter was referred to the Senate Committee on Ethics, Privileges and Public Petitions by the Senate for investigation and further legislative action.
The two companies were expected to appear before a Public Hearing organised by the committee to hear submissions from both parties.
However, Chairman of the Committee, Senator Patrick Akinyelure (Ondo Central) told reporters that the committee decided to mediate between the parties behind closed doors to ensure amicable resolutions.
He said the Committee gave the parties two weeks to come up with resolutions that they adopt upon which the committee will make its report to the Senate.